Overview / Commentary
218-722-3500
2630 West Superior Street
Duluth, MN 55806

Park State Bank is headquartered in Duluth and is the 122nd largest bank in the state of Minnesota. It is also the 3,560th largest bank in the nation. It was established in 1916 and as of June of 2018, it had grown to 32 employees at 5 locations. Park State Bank has an A+ health rating.

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Health
A+

Health Grade Components

Overall
FDIC Certificate #8851
Year Established1916
Employees32
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.79%
Return on Equity - YTD14.59%
Annual Interest Income$2.3MM
Assets and Liabilities
AssetsQ2 2018vs Q2 2017$140.6MM$51.8MM
LoansQ2 2018vs Q2 2017$108.7MM$42.4MM
DepositsQ2 2018vs Q2 2017$118.6MM$43.9MM
Equity CapitalQ2 2018vs Q2 2017$15.7MM$7.6MM
Loan Loss AllowanceQ2 2018vs Q2 2017$237.00K$188.00K
Unbacked Noncurrent LoansQ2 2018vs Q2 2017$117.00K$0
Real Estate OwnedQ2 2018vs Q2 2017$0$0
Rates

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Locations


Park State Bank Locations
Park State Bank2630 West Superior StreetDuluth, MN 55806
Park State Bank - Minneapolis Branch1108 Nicollet MallMinneapolis, MN 55403
Miller Hill Mall Branch1600 Miller Trunk HighwayDuluth, MN 55811
Duluth North Cent Br331 North Central AvenueDuluth, MN 55807
Mt Royal Branch120 Mt Royal Shopping CircleDuluth, MN 55803

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